RLX Technology (RLX) Set to Announce Quarterly Earnings on Friday

RLX Technology (NYSE:RLXGet Rating) will be releasing its earnings data before the market opens on Friday, May 20th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

RLX Technology (NYSE:RLXGet Rating) last released its quarterly earnings results on Friday, March 11th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $298.84 million for the quarter. RLX Technology had a net margin of 23.92% and a return on equity of 15.68%. On average, analysts expect RLX Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of RLX Technology stock opened at $1.88 on Friday. The firm has a market capitalization of $2.92 billion, a P/E ratio of 7.74 and a beta of -0.84. The company has a quick ratio of 4.88, a current ratio of 5.10 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average price of $1.99 and a 200 day moving average price of $3.24. RLX Technology has a 52 week low of $1.16 and a 52 week high of $12.76.

Institutional investors and hedge funds have recently bought and sold shares of the business. American International Group Inc. purchased a new position in RLX Technology during the 3rd quarter worth approximately $35,000. Cubist Systematic Strategies LLC purchased a new position in RLX Technology during the 3rd quarter worth approximately $45,000. Invesco Ltd. purchased a new position in RLX Technology during the 2nd quarter worth approximately $144,000. D. E. Shaw & Co. Inc. purchased a new position in RLX Technology during the 4th quarter worth approximately $65,000. Finally, California State Teachers Retirement System purchased a new position in RLX Technology during the 4th quarter worth approximately $269,000. 27.02% of the stock is owned by institutional investors.

RLX has been the subject of several research analyst reports. Zacks Investment Research raised shares of RLX Technology from a “sell” rating to a “hold” rating in a research report on Wednesday, May 4th. Citigroup decreased their price objective on shares of RLX Technology from $11.50 to $6.00 in a research report on Monday, March 14th.

RLX Technology Company Profile (Get Rating)

RLX Technology Inc, together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores and other retail outlets through distributors. The company was founded in 2018 and is based in Beijing, China.

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Earnings History for RLX Technology (NYSE:RLX)

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